Jinan Acetate Chemical to acquire Cerdia for $368 million

Jinan Acetate Chemical announced it will acquire 100% of global acetate fiber giant Cerdia for approximately $368 million, comprising $214 million in cash and 109,295 thousand newly issued shares.

“the company will acquire 100% of global acetate fiber giant Cerdia for approximately $368 million”finance.biggo.com

• 2 sources
• finance.biggo.com[Jinan Acetate Chemical FY2026 Q3 Earnings Call] $368 Million Acquisition of Cerdia; Chairman Wang Ke-Chang: Q4 Will Be the Best Quarter of the Year, Gross Margin "Easily Above 40%"Nov 6, 2026
• finance.biggo.comJinan Acetate Chemical Co., LTD. Earnings Call - November 6, 2026Nov 6, 2026

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